CFTC to Host Cryptocurrency CEO Forum to Discuss Digital Asset Market Pilot Program

February 13th — The Ethereum Foundation announced the official launch of its Hong Kong Ethereum Community Center. The center will focus on offline engagement, co-creation, and event hosting, acting as a key node for Ethereum’s East Asia ecosystem connectivity.

On February 13, Virtuals Protocol officially announced it invests over $1 million monthly in Agent incentives. As the ecosystem enters a J-curve phase—marked by advancing infrastructure, rapid supply growth, and evolving tools—Agent deployments have outpaced demand, creating a profitability lag. Heavy reliance on token transaction fees for revenue has made the model cyclical and fragile. Virtuals Protocol aims to shift Agents away from transaction fee dependence, building a new framework where revenue stems from real skills and tangible service output. Without incentive mechanisms, genuine developers would stall before revenue growth takes hold. At this inflection point, targeted investment is critical. Virtuals is shortening the profit curve to propel the Agent economy into its next phase. It is calling on all OpenClaw developers to join the Virtuals ecosystem.

February 13th: Per Onchain Lens monitoring, a whale has deposited 60,000 SOL to Binance—worth around $4.42 million—incurring a massive $7.38 million loss. The whale had previously withdrawn 111,945 SOL (valued at roughly $17.16 million at the time) for staking, but later swapped those tokens back for just $9.78 million.

February 13: South Korea’s Finance Minister announces the country will strengthen regulation of the cryptocurrency market. (Fx678)

February 13 — Jupiter announced that its Jupiter Lend platform has wrapped up a six-month beta testing phase, officially launching the product. Key updates: - 83,000 users to date - 7 completed audits, 1 formal verification, and zero bad debt - $107,000 bonus pool rolled out for Jupiter Lend’s audit competition Jupiter touts Jupiter Lend as the most advanced money market on Solana (built on the Fluid protocol). The platform covers over 40 insurance pools and has earned over $2 million in rewards from Jup, Fluid, and its partners.

February 13th — Michael S. Selig, Chairman of the U.S. Commodity Futures Trading Commission (CFTC), announced the launch of an Innovation Advisory Committee (IAC), appointing 35 members to advise on regulating groundbreaking technologies like artificial intelligence (AI) and blockchain. Members include representatives from blockchain projects: Vivek Raman of Etherealize, Anatoly Yakovenko of Solana Labs, and Brad Garlinghouse of Ripple; executives from major crypto exchanges Coinbase, Crypto.com, and Gemini; founders of prediction markets Polymarket and Kalshi; and reps from notable venture capital (VC) firms a16z crypto and Framework Ventures. Selig stated the committee will help the CFTC craft rules aligned with market realities, laying the groundwork for a “golden age of U.S. financial markets.”